Retirement Age Clause Samples
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Retirement Age. It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 or at the end of the current year, if the individual is already 58 or older.
Retirement Age. It is agreed that the first day of retirement shall be the first day of the month following the month an employee retires and resigns their employment.
Retirement Age. 21.1 The mandatory retirement age of employees is sixty-five years of age.
Retirement Age. It was assumed that a teacher would terminate employment on September 1, following the teacher reaching the age of fifty-eight (58) and completing ten (10) years of service with the Monroe County Community School Corporation. If a teacher was already fifty-eight (58) or older and had completed ten (10) years of service with the Monroe County Community School Corporation, it was assumed that the teacher would retire at the end of the next school year.
Retirement Age. All employees in the Company shall retire on attainment of normal retirement age fixed by the Company, which at present is 58 years. However, the Company, at its sole discretion, may consider granting an extension for a period as decided by the Company subject to you being found medically fit by the medical officer appointed by the Company. Last working day in cases of retirements will be last day of the applicable month.
Retirement Age. The Normal Retirement Date shall be the first day of the month immediately following the employee's sixty-fifth birthday.
Retirement Age. It is understood and agreed that employees who have attained age sixty- five (65) shall be subject to periodic review by the Employer to determine whether they are capable of performing their assigned duties.
Retirement Age. The normal and early retirement ages for those employees participating in the State of Florida Retirement System (FRS) shall be as established by the State of Florida. Any reference in this Agreement to retirement shall be as so designated above except for Articles or provisions that define specific requirements.
Retirement Age. Employees may retire with 20 years of service.
Retirement Age. On the last day of the month after reaching maximum retirement age under the provisions of the Pension (Municipal) Act, every employee will automatically cease to be employed, but the Employer may employ or re-employ an individual over retirement age on a temporary basis.